Indianapolis Times, Volume 34, Number 229, Indianapolis, Marion County, 3 February 1922 — Page 5

BILL ATTACKS MERGER ORDER OF COMMISSION Petition Demands Rehearing of Alleged Illegal Consolidation. 51 REASONS ARE CITED Contending ti e order of the public service commission authorising the Indiana Electric Corporation to issue $17,496.000 in securities for the purpose of purchasing the property of seven Indiana utility plants is “unlawful, illegal and void,” the city of Indianapolis, the city of Kokomo and various Indianapolis industrial concerns today filed a petition with the commission asking for a rehearing of the case. The petition contains fifty-one paragraphs, each setting out a reason why the order complained should not stand. The petition contends the corporation is not a untiltity and cannot legally function as a utility. The commission, the petitioners say, had no right to permit the corporation, with a capitalization of only SIO,OOO, to issue the securities authorized. PETITION HOLD ORDER VOID. The order is void, the petition holds, because the American Public Utilities Company and the Merchants Public Utilities Company, which are involved in the purchase and sale, were not parties to the action. The petitioners object further the order was issued on an amended petition filed after the original petition had been disposed of. On the subject of capitalization, the petitioners object to the fact the capitalization authorized is in excess of the total capitalization of the companies involved. The purchase of the utilities is characterized as a merger and as such, the petitioners aver, does not comply with the utilities law. The petitioners object to holding companies and contends the order of the commission adds another holding company to five already In existence. They further object the properties to be joined are widely scattered and the companies are formed under different laws. SAYS POWER PLANT WOULD LOWER VALUES. Concerning the proposed power plant in the coal fields, the petitioner contends it Is entirely unrelated to the case and the construction and operation of the power plant would decrease the values of the properties involved. One of the principal objections is the merging of the various properties makes the determination of adequate and proper rates Impossible and that in no place in its order does the commission allocate securities in each of the properties. It also points out the order does not designate the amount of cash and securities to be paid for eacn property. The valuation of the property, the petitioners contend, is in excess of the true value. The valuation quoted is $16,000,000. The working capital authorized, $600,000, is an excessive amount, the petitioners state and the $900,000 allowed for going value also is excessive. It also is

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complained the amount of working capital and going value is not allocated to each utility. VALUATIONS HELD EXCESSIVE. The valuation of each of the properties found by the commission is excessive, the petition says. The petition also refers to each proposed security issue separately and charges it is excessive. The petition goes into considerable detail on the involved ownership of most of the utilities concerned. One of the principal contentions is the commission does not show the companies are able to make a fair return on the securities authorized, and the

If you are looking for shoe values that will make your money go farther— And you’ll not get ordinary “sale” shoes by coming here Saturday, but real, honest-to-goodness values. These specials for Satuiday are taken from our regular stock and are shovi that will wear and give the utmost of service. Come here to supply the shoe needs of the entire family. You can be sure of a substantial saving.

Ladies’ One and Two Strap COMFORT SUPPERS Special $ t Saturday ■®‘£ 4# These slippers of soft black kid are wonderful values at this price. Made with low, flat heels, broad / ‘AassL ii toes and good leather soles ( they are ideal for those who desire urd'ay sl.-21). Sizes 4 to 8.

Closing Out BOYS’ ELK SHOES Special OF Saturday These are our regular $4.00 j \vti shoes. They’ll give a won- / Vjji derful amount of service. Mat Made of heavy brown elkI skin with double wear tips HSfce and heavy leather soles. Special Saturday $ .83. Sizes 2*/a to 5V£

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CHICAGO, INDIANAPOLIS 4 LOUISVILLE RY. Announces the Opening of its New 114 Monument Place—English Hotel Block (Former Location of Consolidated Office) Where its many patrons and friends will receive individual, personal, pre-war attention and service in their travel plans and arrangements. The Monon Route operates Each one as good as the best. The Hoosier Daylight Limited Lv. Indianapolis 7:45 A. M. Lv. Indianapolis 12:00 Noon Ar. Chicago 12:45 ?. M. Ar. Chicago 4:55 P. M. Business Men’s Special Night Express Lv. Indianapolis 4:00 P. M* Lv. Indianapolis 1:00 A. M. Ar. Chicago 9:00 P. M* Ar. Chicago 7:10 A.M. Sleepers ready at 9 P. M. Observation Parlor - Library Oars Famous Hfloswn Dimng - Car Service Automatic Block Signals All the Way Everything for Comfort and Safety F. B. Humston, Div. Freight & Pass, Agt. J. W. Armstrong, City Passenger Agt. F. V. Martin, General Agent, Pass. Dept. H. E. Wells, City Ticket Agent Telephone Cl rcle 4600

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order does not show the income will be sufficient to meet fixed charges. It Is contended the present Income lacks SIOO,000 of meeting the obligations of the new concern, and decreases In rates, if made, will cut down the Income. EARL’S STRANGE DELUSION. LONDON, Feb. 3.—ln a court dispute over the will of the late Earl of ShrewsFor Colds, Grip or Influenza. and as a Preventive, take Laxative BROMO QUININE Tablets. The genuine bears the signature of E. W. Grove. (Be •ure you get BROMO.) 30c.—Advertisement.

Ladies’ $5.00 Kid LACE BOOTS Special Saturday \ Brown or black kid. Ju- Ff 1 / nior Louis leather heels, /./ kr / imitation tips, single FI jA / flexible soles. A dressy f/ / y j)( yet serviceable shoe: spe- n\ cial, Saturday. sl2 85 -X /\ Sizes 3 to s>/4 /C**'** o^^

Children’s Bro wn BOTTOM SHOES Special Saturday An amazing value in /j > lovely dressy shoes /k* y Y' l that will give a great Zr deal of wear Os brown vlei kid with heavy or light weight soles, [ vV spring heels. Some L have gray kid tops ; special Saturday. $1 Size* 4 to 8

INDIANA DAILY TIMES, FRID AY, FEBRUARY 3,1922.

bury it was brought out that the nobleman for months before his death suffered from the delusion that animals of all kinds were being killed in his room. Soap Box Orators To War Socialists NEW TORK, Feb. B.—“ Soap box” orators will take the stump In a campaign against Socialism here in the spring, it has been announced by the Constitutional Defense League, an organization of war veterans formed In Wisconsin for

Store open until 8:80 Saturday Evening*. WE are exclusive agent* for Dr. A. Reed Cushion Sole Shoe* and troll Preserver Shoe* In Indlanapoll.t al*o agents for Duster Drown Shoe* for Doy * anil Girl*.

the same purpose in that State and in the Middle West. The Socialist orator will be met on his own field in an attempt to keep Socialists from being elected to any office In the city. A branch of the “Soap Box” University,

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STORE Sale of Winter Suits and Overcoats Men’s and young men’s $25 Winter Suits and Overcoats, * 1 Uj *Ll|l now selling for JL *J/ © \J Men’s and young men’s S3O SOO P* A and $35 Winter Suits and w < 1 Overcoats, now selling for.. Ld*i Men’s and young men’s S4O 4\F\ and $45 Winter Suits and *f Ml tUSI | Overcoats, now selling for.. U t/ • %J\3

fjk Customer benefit of tubes if Will he

$1.50 Bleached Sheets for Size 81x90 inch#*. Seaml ea a. “Pontiac” brand ; hemmed. Extra heavy ftarohiess muslin. Posltlieiy none to dealers. Limit of 6 to any one customer.

$1.50 Alarm Clocks Aflp Certainly wonderful clocks for 9M<*. Large size, bold dial, ’® r J§l heavily nickeled, loud alarm. H jjf Even better clocks than you used to buy for 98c years ago.

Up to SB.OO Dress SHIRTS 3.98 About 100 skirts on the rack—all kinds. Were $5. SO, $7 and $3, but awa.y they go in the sale Saturday at choice for $3.95. Madam, that's a bargain.

Men's Blue WORK SHIRTS You haven’t bought shirts like these for 4i!c in five years. They are medium blue chambray, well made. We will have 25 dozen of all sizes for Saturday. Limit 2.

Ladies' Gauze VESTS for 12lc Sleeveless vests such as many women ore wanting now. All sizes including extra sizes. Now is the time to lay in a supply for summer at a bargain price.

Man’s 10c Work Sox 5C PAIR Grey mixed; been several years since you heard of a bargain like this.

to train antl-Scoclailst speakers, will also be opened. JEWEL ROBBERS ACTIVE. LYONS. France, Feb. 3.—Robberies of jeyelry shops have become so frequent here that the big shops have hired special guards.

Children's Heavy Ribbed Hose 121 c Sizes from 8 to 9%. black only, heavy ribbed, positively first*, no seconds: limit of 4 pnlr to customer; ideal for boys or giris' school wear.

Ladies' $10.09 Wool DRESSES Wool dresses, mind you, and all good styles for now and early spring. Made of serges, nicotines nnd poiret twills. Don’t fall to see this special lot tomorrow.

Men's Tan WORK COATS $ 2.87 Just 25 of these coats, men, while they last at this ridiculously low price. Good wearing coats, lined, and corduroy collars. Many stores selling coats no better for $5.

Up to SI.OO UNDERWEAR 3Sc Ladies’ vests and pants and * children’s union suits, fleeced. A broken assortment of kinds for quick clean-up at 39c. Don't miss this bargain table.

INDIANA DRY GOODS STORE “The Economy Spot of Indianapolis" 306 E. Washington Street Open Daily Till 5:30-Saturday Nights Till 9 O’Clock

A LINK IN A CHA’N OF UNDERSELLING STORES

All Cotton 45 Lb. MATTRESS Good Grade Tick, Worth $12.50 Saturday and Monday Only—.Vo Pl mu . C.O.D. Ordm South Side Furniture Company 943-945 South Meridian Street

TRY A WANT ADD IN THE DAIL V TIMES THEY BRING RESULTS.

Ladies’ CGtton Hose for A heavy cotton hose in Mack and brown. Similar quality usually sells from 15c to 20c pair. We will have a plenty for tomorrow's sale at 12}ic pair.

Aluminumware Teakettles, roaster*. dihpan*, kettle*, baking pan*, etc. AsTvim, Instead of bolding the usual fl dollar sale we make the price BHc. You want some of till* W tomorrow.

SATURDAY SENSATION! For S2O; $25 and S3O COATS and SUITS Really a shame to sell such garments so cheap, but we are determined to make a hasty clean-up of this lot of about fifty garments. All are this season's styles. Many fur trimmed. This is without doubt the biggest bargain offer in the entire city. Don’t delay, but come early in the day for best selection. Positively none laid away for any one. S MILLINERY At Cut Prices Why pay a high price for a high-grade, stylish hat when you don’t need to. Our millinery buyer lives in New York and gets the very newest things at lowest prices for our chain of stores. Come see the new arrivals at — $ 1.97; 5 2.87 4ggk $ 3.87 $ 4.87 IS

Hair Nets Extra Special 3c Cap or fringe hair net* In any desired color. No more than 6 sold to any oae customer. Get your share of this bargain tomorrow.

Save on Everything Zso New Spring Gingham 15<* yd. 35c Standard Percales 19(1 yd. $1 Ladies’ Union Salts for 69C 69c Ladles’ Vest* and Pants 44C 12V4c grade Brown Muslin ...,9Vi|j yd. 65c Window Shades, mill run* ....49(1 750 Heavy Storm Serge ~.59<? yd. $1 All Wool Storm Serge ...... yd. 15c Light Fancy Onting lOC yd. Barber Towels, special 79<i dozen Odds and Ends $1 Corsets 69<* $5 Boys’ Raincoat and Hat .....86.98 Men's $7 Raincoats $4.49 Boys’ $1 Gantlet, Gloves ............79<) Beys *sc Percale Blouses ..........48<? 65c Quality Men’s Tie* .49^ Men’s Fine Dress Sock* 25(1 Men’s 75c Pure Silk Sox 49<? Wool Worsted Sox, special ........44C Ssc Wool Mixed Sox 29<* Boys’ $1 Winter Caps ... ..79p Up to *2.50 Shirts, soiled SI.OO Men's *1.39 Outing Gowns ......98£ Boys’ *1.35 Onting Gowns ..95t* Men's *1.25 Sweater Coats 98^ Men's Lambsdown Union 5u1ta.,,81,79 *1.25 Polka Dot Work Shlrta 98* Boys’ *9 Mackinaws, now <35 Men’s *1.25 Khaki Pants 9S<* Boys* *1.75 Corduroy Pants ....$1.39 500 Bottle Furniture Polish ......39£ AU 25c Boxed Writing Paper 19<? *1 Hot and Cold Bottles ......... -69<^ Aluminum Tea Spoons .........2<j each Girls’ $6 Velvet Coats, now ....$3.98 Ladies’ $1.50 Wash Waists 986

ICOMMCHf R Just watch our ads. Sev- (J 18 eral Important events “com- u K Ing” which will surely InterjL- est you if you care anything |% F? about saving money. Wo JB ra will tell you about it soon. H. fi Read the following specials /§ for tomorrow. Bargains all ■ flf over the store. Come and B look around.

Fora Good Broom SATURDAY Brooms like these In war time were about 75c. We have Just ten dozen to offer while they last Saturday. No phone orders—none delivered, llease do not ask for more than one. Boys’slo (g&r Corduroy SUITS"##' With Two Pair Pants Ages up to IT. Made of extra good quality corduroy. Just fifty suits marked down for quick selling. Bring your boy In tomorrow.

10c Red or Blue H’dfs 5c A special flyer for Saturday. No more than two to one customer.

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